Astrocast announces that ArrowSpot has signed a multi-million-dollar contract to start mass production of ArrowSpot's ArrowTrack SAT device. The contract between Astrocast and ArrowSpot includes hardware integration and Satellite IoT (SatIoT) connectivity for an initial three-year
period. For context, ArrowSpot's technology solutions provide the worldwide supply chain logistics industry with online information for safe & secure sensitive chilled cargo and high value cargo. Clients working with ArrowSpot include ZIM Shipping Line and Oceanex Inc. intermodal transportation services. This contract is the culmination of that partnership. When mass produced, ArrowSpot's advanced hybrid communication tracking solution - ArrowTrack SAT - will combine cellular and satellite communication network access. By integrating Astrocast's technology into ArrowTrack SAT and connecting to Astrocast's nanosatellite network, ArrowSpot's customers will achieve full visibility of their supply chains and fleets - providing them with effective global management
of their assets at an affordable price.